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The Air India employees get their salaries by 30th or 31st of every month but their March and April salaries were delayed by seven days. The management has not officially communicated the reason behind the inordinate delay to its staff.

As per the RBI Act, the central bank should have four deputy governors - two from within the ranks and one commercial banker and an economist to head the monetary policy department. Other serving Deputy Governors are Viral V Acharya, NS Vishwanathan and BP Kanungo.

Jaguar Land Rover has done well in global markets like China and North America but facesmajor challenges of currency fluctuation and Brexit issue in the UK besides the uncertainty over diesel engines as it faced in Europe.

Kolkata-based Electrosteel Steels Limited, with debt of Rs 14,000 crore plus, recently became the first company from the dozen large distressed cases shortlisted by the Reserve Bank of India to exit from the Insolvency and Bankruptcy Code (IBC).

\"The board of directors of the company...considered and approved transfer of up to 7.38 per cent stake of the company at the rate of Rs 59,824 per equity share in Red Pixels Ventures Ltd (RPVL), a material subsidiary of the company, to A R Chadha And Co (India) Pvt Ltd, the landlord of the office premises in New Delhi,\" NDTV said in a BSE filing.

In a little over three years, Lisa Su, 48, President and CEO of Advanced Micro Devices (AMD), has changed the fortunes of the semiconductor company that develops computer processors and related technologies for business and consumer markets.

The committee of creditors of troubled domestic auto parts maker Amtek Auto on Thursday approved the resolution plan submitted by Liberty House, clearing the decks for the acquisition by the Sanjeev Gupta-led global industrial group GFG Alliance.